High Voltage Direct Current (HVDC) Transmission Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
311036 | Date :
Nov, 2021 | Pages :
164 | Region : Global |
Publisher : RI
The Market Research Update provide detailed report study and highlights market share and size, and regional changing trends, production value predication, new prospects for High Voltage Direct Current (HVDC) Transmission market development rate. This study report offers a current scenario of the market. The report also comprises a several market dynamics.
The High Voltage Direct Current (HVDC) Transmission is projected to rise moderately in the projected time frame of 2023-2030.
HVDC Transmission uses direct current for the bulk transmission of electrical power, in contrast with the more common alternating current (AC) systems. For long-distance transmission, HVDC systems may be less expensive and suffer lower electrical losses. For underwater power cables, HVDC avoids the heavy currents required to charge and discharge the cable capacitance each cycle. For shorter distances, the higher cost of DC conversion equipment compared to an AC system may still be justified, due to other benefits of direct current links. HVDC allows power transmission between unsynchronized AC transmission systems. Since the power flow through an HVDC link can be controlled independently of the phase angle between source and load, it can stabilize a network against disturbances due to rapid changes in power. HVDC also allows transfer of power between grid systems running at different frequencies, such as 50 Hz and 60 Hz. This improves the stability and economy of each grid, by allowing exchange of power between incompatible networks.
In Asia Pacific (APAC), China and India are the major contributors to the growth of the HVDC transmission system market due to the growing demand for power in these countries. Some other factors affecting the growth of the market in this region include aging power infrastructure, increase in power consumption pattern, economic uncertainties, and low carbon emission initiatives. High power quality along with reliable and stable power transmission are some of the key requirements in the power industry. This factor is driving the growth of the HVDC transmission market in the APAC region.
The High Voltage Direct Current (HVDC) Transmission market was valued at 7650 Million US$ in 2020 and is projected to reach 16200 Million US$ by 2030, at a CAGR of 9.8% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for High Voltage Direct Current (HVDC) Transmission.
Objectives of Research:
The overview of the global High Voltage Direct Current (HVDC) Transmission market
Report comprised of the market companies, to describe and define and analyze the High Voltage Direct Current (HVDC) Transmission market value, share competition landscape, development plans and SWOT analysis.
The report also involves the structure of the industry by identifying its several sub-segments.
To observe the industry with reverence to individual future prospects, development trends, and contribution to the overall market.
Major Players in the Market: The major competitors working in the market are:
, ABB, Siemens, XD Group, NR Electric, GE Grid Solution, NKT, TBEA, Xuji Group, Hitachi, Nexans, Toshiba, Mitsubishi Electric, Abengoa
Market by Order Type
High-power Rating Projects
Low power Rating Projects
High Voltage Direct Current (HVDC) Transmission Data by Application
Subsea Transmission
Underground Transmission
Overhead Transmission
High Voltage Direct Current (HVDC) Transmission Regions Covered in the Report are:
North America
Europe
Asia Pacific
Middle East & Africa
Rest of the World
Our team of enthusiastic analysts, research experts, and experienced forecasters work precisely to produce such kind of market report. The research report defines USD values, CAGR (compound annual growth rate) values and their variations for the precise projected time frame.
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The research information and studies associated with participant analysis keep the competitive landscape noticeably into the focus with which the market can select or advance their own policies to increase in the market growth.
The Key Questions Answered In Market Report Are:
Summary of the High Voltage Direct Current (HVDC) Transmission market comprising definition
High Voltage Direct Current (HVDC) Transmission Market Growth Drivers, Restrains, Challenges and opportunities
Major trends which is impacting the global High Voltage Direct Current (HVDC) Transmission market
High Voltage Direct Current (HVDC) Transmission Market segmentation and complete information about the market
Regional analysis of the market
Which regional market will develop as a champion at intervals in the coming years?
What are the top companies at intervals in the global High Voltage Direct Current (HVDC) Transmission market?
What are the growth strategies of the key players to sustain hold at intervals in the global High Voltage Direct Current (HVDC) Transmission market?
Table of Content
High Voltage Direct Current (HVDC) Transmission Market – Overview
1.1 Definitions, Overview, and Scope
1.2 Drivers, Restrain, Challenges, Opportunities
High Voltage Direct Current (HVDC) Transmission Market – Executive Summary
2.1 Market Revenue and Major Trends, and Challenges
High Voltage Direct Current (HVDC) Transmission Market – Comparative Analysis
3.1 Product Benchmarking
3.2 Financial Overview
3.3 Market Cost Divided
3.4 Estimating Examination
High Voltage Direct Current (HVDC) Transmission Market – Industry Market Entry Scenario
4.1 Governing Outline Summary
4.2 New Business index
4.3 Case Studies of Positive Schemes
High Voltage Direct Current (HVDC) Transmission Market Forces
5.1 Market Drivers
5.2 Market Restrains
5.3 Market New Opportunities
5.4 Market Challenges
5.4 Porters five force model
High Voltage Direct Current (HVDC) Transmission Market – Strategic Complete Overview
6.1 Value Chain Analysis
6.2 Market Opportunities Analysis
6.3 Market Challenges Analysis
6.4 Market Life Cycle
High Voltage Direct Current (HVDC) Transmission Market – By Regions (Market Size –USD Million)
7.1 North America
7.2 Europe
7.3 Asia-Pacific
7.4 Middle East and Africa
7.5 Rest of the World
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